Tokenomics

STBZ, STBB & STOL

STBZ

STBZ token address: 0xb987d48ed8f2c468d52d6405624eadba5e76d723

STBZ is "the token to rule them all", and is used for GOV voting on proposals concerning the whole Stabilize ecosystem (also for the Stabilize BSC, STOl and future spin offs).

STBZ holders are also entitled to future airdrops (with reservations, if not otherwise described).

STBZ holders can stake their tokens in the STBZ staking pools, which allows them to earn a percentage of the profits generated by the protocol.

The max cap of STBZ is 1mio tokens. 99% of the emissions go to LP stakers and stablepool stakers, whereby the emission ratio is 75:25. Only 1% of the STBZ emissions goes to the Stabilize team.

The emission schedule follows the changed tokenomics as decided by the community in the "emission halving" proposal: https://snapshot.org/#/stabilize-governance.eth/proposal/QmTX9afJfw1vTQKLpjnGWD1EBdu8o1fodmw5gk6KK61WwF

STBB

STBB token address: 0xe1316066af35fbff54f870ea6d1468255602a696

STBB token can be staked into the wrappers, which allows them to earn a percentage of the arbitrage profits generated by the wrapper. Their staking weight boosts the STBB emission of the corresponding pool. This emission system is novel in crypto, and aims to allocate the highest rewards to the most profitable strategies. It further allows the depositors to increase the STBB emissions of "their" staking pool, and gives therefore STBB overall more utility compared to the old system.

Rebalance STBB Rewards

After STBB have been staked into a wrapper the rebalance function can be called via the link on the pool page, so that the increased amount of staked STBB has an effect on the STBB emissions for the corresponding pool.

STBB emission distribution

Starting at Apr 7, 2021, Stabilize BSC token (STBB) minting is controlled by the EmissionsOperator contract that will mint weekly to the max supply of 10 million tokens over the next 520 weeks (10 years) following a linear decay model estimate as pictured below:

You can calculate the weekly emission with the following formula:

31920-(52.7167*(n-1)) per week where n is week #. Result minus 10% (team share).

The initial emission ratio between LP staker and stablepool stakers is 65:35

STOL

STOL token address: 0x4ff5253E2304e3f5Ed6547Ac5D9952A62B91E3E8

The Stabinol token (STOL) is no longer supported by the Stabilize Team.

Stabinol, the Ethereum cashback token, has migrated to REETH, the rebasing Ethereum cashback token. Reeth is a token with an enhanced and simplified redemption system that rewards users with Reeth when they use supported exchanges. This new process will be more streamlined and intuitive for new users.